Malaysian Grand Prix Extended on F1 Race Calendar For Three Years
March 30, 2015
The Sepang International Circuit (SIC) has agreed a deal with Formula One for the Malaysian Grand Prix to remain on the calendar for a further three years.
The race has been on the F1 calendar since its debut in 1999.
“The Sepang International Circuit (SIC) today announced that the contract to host the Formula One Malaysia Grand Prix has been extended for another three years until 2018, capsule ” a statement read.
“Malaysian Prime Minister, hospital Y.A.B. Dato’ Sri Mohd Najib Tun Haji Abdul Razak, revealed the news of the extension after the conclusion of the 17th edition of the 2015 F1 Petronas Malaysia Grand Prix at the Sepang International Circuit today.
“The contract for the extension was signed today following the successful negotiations between SIC and Formula One Management. The Formula One Malaysian Grand Prix has been a major annual sporting event in the country since it was first hosted here in 1999.”
Following the news of the race being extended, Malaysian oil and gas company Petronas have extended their title sponsorship of the race for three years.
The company has been a title sponsor of the race since its inception.
Petronas is also the title sponsor of Formula One team Mercedes.